tag:press.sentiance.com,2005:/press_releasesSentiance press releases2017-06-27T14:06:27+02:00http://dkskyn6tqnjvs.cloudfront.net/feed_icon.pngpr.cotag:press.sentiance.com,2005:PressRelease/1559912017-06-27T14:06:27+02:002017-06-27T14:06:27+02:00Sentiance secures €8 million in funding led by Volta Ventures

Antwerp, New York June 27, 2017 - Sentiance announces today that it has secured €8 million in funding led by Volta Ventures, with co-investor KPN Ventures. All previous investors including Samsung Catalyst Fund, Qbic, Pamica (Michel Akkermans) and top management participated in the new funding round. The investment will be used to execute on Sentiance’s vision to gain leadership, strengthen its intelligence platform and accelerate the growth globally.

Sentiance secures €8 million in funding led by Volta Ventures New funding will further scale the company’s sensor analytics platform to a cognitive system for human behaviour and accelerate international growth in US and Asia.

Antwerp, New York June 27, 2017 - Sentiance announces today that it has secured €8 million in funding led by Volta Ventures, with co-investor KPN Ventures. All previous investors including Samsung Catalyst Fund, Qbic, Pamica (Michel Akkermans) and top management participated in the new funding round. The investment will be used to execute on Sentiance’s vision to gain leadership, strengthen its intelligence platform and accelerate the growth globally.

The company’s platform uses machine learning algorithms and deep learning techniques to analyse IOT sensor data from mobile phones, wearables and IoT gateways. Sentiance turns this data into rich behavioural and contextual insights: understanding and predicting how people go through their everyday lives. Clients use the Sentiance platform to enrich their first-party customer data with real-life behavioural data so they can deliver context-aware and highly personalized experiences. Sentiance powers a broad range of applications including world class telematics and driver scoring, personalized health coaching, real-time customer engagement as well as smart home products and services.

“As IOT gains momentum consumers are rapidly adopting smart objects in their everyday lives. The sensors in these IOT devices generate a ton of data about how they behave and why they behave the way they do. Sentiance helps companies make sense of this new and very powerful data. Some of the world’s most innovative companies are adopting our platform to help them make their customers’ lives safer, smarter, healthier and more convenient. Ultimately the Internet of Things should be about people, not things. We believe the real promise of IOT is the Internet of You.” said Toon Vanparys, CEO of Sentiance.

“Major players in the insurance, ride-hailing, mobility, health and IOT industries use Sentiance’s AI platform to power the Internet of You. This has the potential to change the lives of everyone around us which makes working with the Sentiance team such a positive and rewarding experience.” said Frank Maene managing partner of Volta Ventures. “Sentiance was the first investment we made when we started the fund in January 2015 and we’re excited to continue our journey with them as the team grows to its next stage.”

Herman Kienhuis, managing director of KPN Ventures adds: “The future digital customer experience will be fully personalized. Sentiance’ powerful predictive analysis technology offers companies a unique tool to improve their customers’ experience and develop new personalized services, while respecting strict European privacy laws. We’re happy to support the Sentiance team in realizing this ambition, together with a powerful group of international investors”

Sentiance is a data science company turning IOT sensor data into rich insights about people’s behaviour and real-time context.

Sentiance was born in January 2015, has offices in Antwerp, New York and London. More than 80% of the employees are highly skilled data scientists and software engineers, specialized in machine learning, deep learning and signal processing. As an enabling platform, Sentiance focuses on large innovation driven companies and disruptors, as a partner and collaborator to drive transformational change. Sentiance core purpose is to become the context engine for the Internet of You leveraging our core expertise in behavioural analytics based on observed data by assisting them in building out deeper and more valuable relations with their end-customers. www.sentiance.com

About Volta Ventures

Volta Ventures Arkiv invests in young and ambitious internet and software companies in the Benelux. The fund’s team, with active support from some 30 business angels, expects to make a substantial impact on every company it invests in by working with the founders and management to identify new markets and customers, hire senior talent, provide ongoing guidance and arrange further financing rounds. Volta Ventures Arkiv is supported by ARKimedes-Fund II (an initiative of PMV NV and the Flemish Region) and the European Investment Fund.

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Sentiancehttp://www.sentiance.comtag:press.sentiance.com,2005:PressRelease/1441992017-02-28T11:00:00+01:002017-02-28T11:00:00+01:00PSA Group is using Sentiance technology to personalize the in-car experience in the new PEUGEOT autonomous and connected concept car

PEUGEOT's new autonomous and connected concept car, PEUGEOT INSTINCT CONCEPT, leverages the contextual capabilities of the Sentiance platform to personalize the end-to-end car experience by tailoring presets and recommendations based on driver profiles and real-time context.

PSA Group is using Sentiance technology to personalize the in-car experience in the new PEUGEOT autonomous and connected concept car

BARCELONA (SPAIN) – From 27 February to 2 March 2017, SENTIANCE technology can be seen in action. The PEUGEOT booth offers visitors of the Mobile World Congress (MWC) the opportunity to discover the world’s first demonstration of its autonomous and connected vehicle: PEUGEOT INSTINCT CONCEPT, using SENTIANCE technology.

PEUGEOT will showcase how they use artificial intelligence (AI) and the Internet of Things (IoT) to enhance the in-car experience. Their new autonomous and connected concept car, PEUGEOT INSTINCT CONCEPT, leverages the contextual capabilities of the Sentiance platform to personalize the end-to-end car experience by tailoring presets and recommendations based on driver profiles and real-time context. For this, PEUGEOT has deployed the IoT Samsung Artik Cloud platform to connect everyday objects and aggregate data from connected watches, smartphones, social networks and the user’s living space via home automation.

“In order to optimize the mobility experience, PEUGEOT recognizes the need for deep understanding of the driver’s context, habits and lifestyle. SENTIANCE technology helps PEUGEOT INSTINCT CONCEPT to engage with their drivers when it matters most and in the most relevant and personalized way, based on behavioral profile and real-time situational context.” says Toon Vanparys, Sentiance CEO.

FROM CONNECTED CARS TO PERSONAL ASSISTANCE

Car technology has traditionally focused on optimizing the vehicle’s internal functions, but attention is now turning to developing the car’s ability to connect with the outside world and enhance the in-car experience. The ability to connect smartphones to the car’s dashboard or infotainment system, and leverage behavioral data and real-time context awareness, opens a wide range of new use cases that can make the driver’s experience more personal, practical and enjoyable.

OPTIMIZING THE CAR JOURNEY: BEFORE, DURING AND AFTER THE TRIP

Sentiance provides the intelligence to power highly contextual connected car services, by interpreting IOT sensor data into powerful behavioral insights. By leveraging these insights, car OEM and technology providers can create personalized digital experiences during the car journey, as well as deliver relevant contextual assistance pre- and post-trip. By detecting and predicting car journey context, the in-car experience can be customized to fit the needs of driver and passengers.

Sentiance is a data science company that turns IOT sensor data into powerful real-time insights about people’s behavior and context, enabling companies to enrich their customer and user data to deliver personalized and context-aware engagement.

ABOUT PEUGEOT INSTINCT CONCEPT

PEUGEOT INSTINCT CONCEPT integrates services and objects connected in a simple and fluid way, to give the driver and passengers a feeling of “augmented freedom”: the car is in step with the rhythm of their daily life. PEUGEOT INSTINCT CONCEPT relies on deep learning, a learning method for profiling its drivers.

Belgian sensor profiling startup Sentiance announced today that they hired Dimitri Maex as their global president and chief revenue officer. Maex, former president of OgilvyOne NY, will open the Sentiance NY office as the company is expanding into the US market.

ANTWERP (BELGIUM) October 3, 2016 – Belgian sensor profiling startup Sentiance announced today that they hired Dimitri Maex as their global president and chief revenue officer. Maex, former president of OgilvyOne NY, will open the Sentiance NY office as the company is expanding into the US market following the recent $5.2m investment round lead by the Samsung Catalyst Fund.

Sentiance provides an Artificial Intelligence Platform that analyzes IOT sensor data to create a deep understanding of human behavior and context. Its clients use Sentiance’s predictive behavioral profiles to build new and personalized products and services in domains such as health, mobility, smart living and commerce.

“We believe that the future of the Internet of Things is the Internet of You. Smart objects that surround you should learn your behavior and even predict it. They should understand your context so they can become intelligent and adapt to how you behave in your environment in real time.”, Sentiance CEO Toon Vanparys said. “Sentiance provides this intelligence through its proprietary platform. We are growing rapidly as some of the worlds biggest companies are adopting our technology. This is why it is crucial for us to build out our US presence. I’m very excited about our prospects in the US now Dimitri has joined us. I couldn’t think of anyone better suited to make Sentiance successful there.”

Maex will have global responsibilities as president and CRO but his initial focus will be on the US market. He announced his departure from Ogilvy a few weeks ago after having been with the company for 17 years. He ran OgilvyOne’s flagship NY office before he decided to leave for this new venture. “I am thrilled to join the Sentiance team.”, he said. “Leaving Ogilvy after 17 years wasn’t easy but I have been a huge fan of the Sentiance platform ever since Toon gave me a demo almost a year ago. Then, when I met the data science and engineering teams in Belgium, I was blown away by their level of sophistication. That, as well as the caliber of Sentiance’s early adopter clients, was what ultimately made me decide to join.”

Sentiance currently employs 35 people, with 28 in data engineering. Headquartered in Antwerp the company is now opening its 3rd office in NY after establishing London earlier this year. Other offices are planned in Beijing, Hong Kong and Singapore.

Sentiance is a data science company that uses artificial intelligence and machine learning algorithms to analyze IOT sensor data. Its platform thereby creates a deep understanding of human behavior and context. Sentiance’s clients use the platform to create new products and services that turn the Internet of Things into the Internet of You.

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Sentiancehttp://www.sentiance.comtag:press.sentiance.com,2005:PressRelease/1250402016-03-25T10:35:00+01:002016-03-25T10:35:00+01:00Sentiance expands its management team with Tom Vandendooren as Chief Business Development Officer

To strengthen the executive team and develop several aspects of Sentiance’s business model, Sentiance has appointed Tom Vandendooren as Chief Business Development Officer, who will take up his duties this month.

To strengthen the executive team and develop several aspects of Sentiance’s business model, Sentiance has appointed Tom Vandendooren as Chief Business Development Officer, who will take up his duties this month. Prior to joining Sentiance, Tom was with Microsoft Europe, directing the commercial strategy for various consumer business groups.

Sentiance, driving innovation in Ambient Intelligence through its sensor fusion platform, has been rapidly expanding its team in recent months following a $5.2 million financing round led by the Samsung Catalyst Fund last November. The company currently employs over 20 data-scientists and data-engineers.

“We are very proud of the progress the company made the last months in the quality of our international client base and the development of the platform. In this phase of growth Tom will direct the company’s international go-to-market strategy and international expansion,” says Toon Vanparys, CEO of Sentiance. “With a mix of corporate, startup and international experience in IT and a variety of industries, he brings on board proven strengths in brand and proposition development, marketing and channel strategy, and overall business leadership. I’m very excited about Tom joining our team.”

By joining Sentiance, Tom rekindles his passion for creating new and innovative customer-first propositions and for building high-growth, commercial strategies while leveraging digital technologies and solutions. “Context will be key in delivering value-adding and personalized digital experiences in our increasingly mobile-first and cloud-first world. Sentiance is very well positioned to become a thought and solution leader in contextual intelligence, and I’m thrilled to be a part of this success story,” said Tom.

Sentiance unlocks the unique power of sensor data from smart devices and wearables. The company offers real-time Ambient Intelligence automated through a proprietary sensor fusion platform to enterprises, DMPs, SMEs and mobile app developers. The platform enables client-companies to build behavioral profiles of connected users that are enriched with personalized, predictive and context-aware services.

Headquartered in Antwerp, Belgium, Sentiance-clients today are situated in the mobility, insurance, loyalty, advertising and telco industries. Client Success Hubs are being set up in the UK and Germany, and will be further expanded into Asia and the U.S. later this year.

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Sentiancehttp://www.sentiance.comtag:press.sentiance.com,2005:PressRelease/1160292015-11-17T17:11:31+01:002015-11-17T17:11:31+01:00Sentiance Raises $5.2 million in Series B Financing Round Led by Samsung Catalyst Fund
Sentiance Raises $5.2 million in Series B Financing
Round Led by Samsung Catalyst Fund

Belgian startup Sentiance today announced that it has closed $5.2 million in its most recent round of funding. The new investment enables Sentiance to enhance the company’s focus on the Internet of Things. Sentiance provides an intelligent software layer that converts mobile data into “smart life” opportunities for end-users and delivers predictive and context-aware services.

ANTWERP (BELGIUM) November 17, 2015 – Belgian startup Sentiance today announced that it has closed $5.2 million in its most recent round of funding. The new investment enables Sentiance to enhance the company’s focus on the Internet of Things. Sentiance provides an intelligent software layer that converts mobile data into “smart life” opportunities for end-users and delivers predictive and context-aware services.

By filtering meaningful commercial data out of users’ direct environment, Sentiance provides Ambient Intelligence which is automated through a proprietary sensor fusion platform. The platform empowers companies to build behavioral profiles of connected users and enrich those profiles with personalized, predictive and context-aware services.

“We strongly believe that consumers will live much more in sync with connected devices by 2020. By adding Ambient Intelligence to those connected devices we will create an easy-to-thrive digital environment. Context-aware data gathering and personalization is happening across all kinds of industries,” said Sentiance CEO Toon Vanparys. “We’re excited about our partnership with Samsung Catalyst Fund; they understand the value of enriched Ambient Technology and share the vision of a digital environment that improves our daily lives. The new funding round allows us to focus on the Internet of Things by providing an intelligence layer that delivers real added value for the end-user.”

The new funding closely follows an earlier financing round of $2 million in January 2015. The new round of funding was achieved earlier than expected and gives Sentiance additional resources to undertake and more rapidly complete its groundbreaking development projects.

“Ambient Intelligence will help smart devices to be sensitive and anticipate people’s needs in a personalized way,” said Vanparys. “Sentiance wants to spearhead this evolution with an expert team in machine and deep learning methodologies. We want to create the market leading real-time platform for contextualization going far beyond mere location-based services. The industry needs experts to unlock the aggregated mass of data these sensors reveal but with a personalized, proactive and preventive scope.”

Currently Sentiance employs 21 people, with 16 in engineering. Headquartered in Antwerp, Belgium, Client Success Hubs will be created in Asia and the U.S. in the next six months.

The financing round, led by Samsung Catalyst Fund, also includes existing shareholders Volta Ventures, Qbic, Nova Participations and Pamica.

The Samsung Catalyst Fund is a $100 million fund dedicated to startups focused on disruptive ideas, components, systems and infrastructure to fuel innovative technologies and business models. With our technology and global presence, innovators and entrepreneurs can bring their vision to market more effectively. Among the many advantages innovators enjoy are co-location, shared resources, seed financing, mentorship, advice from our Innovation Fellows and corporate development.

Sentiance announced today that it will be entering a research and operational alliance with the Innovation Centre i-KNOW of Ghent University, that will combine their expertise in mobile sensing, machine learning and intelligent mobility to create a partnership that is an innovation leader in next generation technology solutions in the mobility, health, retail, safety and assisted ambient living industries.

With the acquisition of i-KNOW’s MOVE intellectual property and platform specialized in spatio-temporal intelligence, Sentiance enhances its existing sensing and profiling technologies. The MOVE software, know-how and patents will broaden the capabilities of the Sentiance Context Suite to deliver intelligent insights for smart city applications.

The acquisition is intended to complement Sentiance’s mobile sensing and context-aware behavioral profiling solution and extends the company’s reach into the vast market of future living worldwide.

“The main driver for this acquisition is the MOVE Platform’s state-of-the-art mobility recommender,” shares Sentiance CEO Toon Vanparys.“The Sentiance platform sees plenty of traction in the smart mobility management industry, but to offer truly intelligent personalized solutions, we need to go beyond transport analysis and trip purpose prediction. We want to proactively suggest the best possible route for you. For example, when we know it is likely to start raining cats and dogs in the afternoon, you might be better off taking the bus to work that day. Even though you much prefer biking. Co-parenting might mean that you need to pick up the kids by car one week, but are free to experiment with alternative transport modes the other week. The fastest or cheapest route is not necessarily the most convenient one for you.”

Sentiance takes over development and industrialization of MOVE’s RouteCoach trip recommender, and will expand and commercialize the mobile application as a smart and human-centric mobility solution for fleet, transport and mobility management. It will allow for actual travel time and multimodal route planning and will give personalized trip suggestions that allow you to lose calories, or save time, money and the environment. Existing transport behavior patterns, your mobility attitude and preferences, flexible working times or parenting schedules and even stress can be factored in as well.

“Together with Sentiance, we will place the consumer central in mobility,” says Prof. Sidharta Gautama. “The system learns how different groups of people really behave and allows us to build personalized mobility solutions. On the other end, cities and organizations get real-time insight on how consumer groups gain or lose time in different transport modes, why and how they travel to certain places and which type of activities they prefer to combine. These insights allow to build modern mobility systems close to the consumer’s needs. However, the platform goes beyond simple observations. It is one of the first ICT-platforms to support citizen participation in policy making. This is the exciting bit of the technology. A city serves its suggestions to citizens, who can act or choose not to act on it, and together they shape what a city should look like. This dialogue is what truly makes a city smarter.”

Under the alliance, i-KNOW will be able to run these research projects on the Sentiance platform, offering its partners an industrial-grade, efficient and continuous solution for data collection, processing and disclosing.

About Sentiance

Sentiance unlocks contextual mobile experiences by mining sensor data on smartphones, wearables and connected devices. Sentiance enables companies worldwide to tap into a new level of mobile personalization and engagement. From mobile data to smart life.

i-KNOW is an innovation cluster at Ghent University that bridges research and the industry in intelligent information processing. i-KNOW incubates early-stage technology to set up partnerships with companies or launch new spin off companies. Today, i-KNOW consists out of 14 research groups and departments of UGent, 30 professors and in total over 300 researchers. It has incorporated five spin off companies in diverse sectors like mobile mapping, datacenter technology and biodata mining.

Based on the joint-research done with Belgium's national broadcasting agency, VRT, Sentiance launches context-aware recommendations technology that influences the television experience, based on the context and mood of a viewer. This context-aware technology provides media recommender systems a level of behavioral intelligence that make TV viewing experiences even more personal, relevant and engaging.

Both partners deliberately moved out of a traditional lab setting to study real world TV experiences in the home environment, measuring mood and access context using popular and affordable consumer wearables. Therefore, the insights generated and algorithms developed are easily transferable to existing and new products and apps, to make the everyday media consumption experience mood- and context aware.

The project studied how to adapt linear broadcast schedules to the average weekly biorhythm of the TV audience and introduce novel personalization practices based on context items as moments, mood, viewing audience, need states etc. These personalized schedules can then be applied to linear, as well as time shifted, and on-demand content recommendations.

Each TV experience fulfils certain needs, such as staying up to date, learning, empathizing with others, etc. These psychological concepts are called "need states" and are hard to capture in the wild, however they determine what content fits best for a given TV moment.

Our research found that certain needs correlate strongly with contextual cuesthat can be captured via wearables or smartphones, such as mood or the presence of other people. These cues can be ‘sensed’ by the Sentiance technology and help to grasp and better understand a fitting TV moment.

These cues can be ‘sensed’ by the Sentiance technology and help to grasp and better understand a fitting TV moment.

Research conclusions

One of the key insights is that understanding the context and mood of one, or more, viewers in real-time is a critical component in maximizing the engagement of the viewing experience.

"For example, when a father with his son are in front of the TV during a rainy Sunday afternoon, it might be more opportune to focus more on his son for making a fitting movie recommendation, knowing the father will be non-engaged anyway", explains Koen.

We have found that these contextual cues are far more important than traditional clustering of past viewing preferences to make recommendations. For these TV moments it is still a challenge as how to recommend content that fits best. As only content engagement is not the primary goal, one needs to take a maximum of contextual cues into account to enable real time and context-aware engagement.

Introducing context-aware recommender technology

Once you know why someone turns on the TV, it becomes much easier to suggest to them exactly the content they want to see.

"When the Empathic project started, I thought empathic technologies were 20 years from practical use, today, 2 years later, Sentiance brings them to the market", says Dieter Boen, Head of VRT O&I.

This level of context-awareness is being offered in partnerships with media recommender system companies worldwide. A first partnership has been signed with ImpressTV, and more are underway.

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Sentiancehttp://www.sentiance.comtag:press.sentiance.com,2005:PressRelease/943132015-01-21T12:57:29+01:002015-01-21T12:57:29+01:00Argus Labs raises US$ 2M, changes name to Sentiance, and expands its management team

Argus Labs raises US$ 2M and rebrands itself as Sentiance, as the company moves out of concept development and rolls out its platform to clients and partners worldwide. Expands its management team.

Sentiance has closed a US$ 2M round, led by Qbic and joined by Volta Ventures, with participation of angel investors Michel Akkermans (Clear2Pay) and Will Margiloff (IgnitionOne).

“We at Qbic are thrilled by Sentiance’s vision to unlock the true potential of a smartphone by using sensor data to derive context, thus enabling truly personalized services. What you want when you want it: this is a very powerful value proposition. Our fund has the expertise and network to assist Sentiance’s strong management team in growing this disruptive technology into a worldwide market success”, says Guy Huylebroeck, Investment Partner at Qbic Venture Partners.

“Volta Ventures is always looking for strong teams and promising startups that have the ability to disrupt markets globally. Sentiance's smart contextualization, based on sensor and Internet of Things analytics, is simply impressive. Its unique approach of ambient profiling holds the key to building personas and profiles that Facebook or Google are missing out on”, says Frank Maene, Managing Partner at Volta Ventures.

Sentiance also substantially broadened its management team with Toon Vanparys as CEO and Frank Verbist as CTO, who both joined in October last year.

Toon and Frank joined the company as early seed investors, after having sold their previous venture Netmining (now IgnitionOne) to Dentsu plc. They bring an extensive background in the profiling, customer engagement and personalization industry, and years of leading technical experience, including the development of high-transaction platforms in the advertising and targeting industry.

“As we transition out of the ‘labs’ phase into a market-ready product, we decided to change the name to better reflect our mission statement from mobile data to smart life. We enable our clients to build intelligent and context aware mobile experiences, by bringing sentient capabilities to smart-phones and connected devices worldwide“, says Toon Vanparys, CEO of Sentiance.

The personalization opportunity

“Based on what we see in the market, the opportunities for mobile personalization and engagement in the era of smart-phones, wearables and IOT are simply huge, and we’re only at the beginning of this revolution”, says Toon, as Sentiance already signed up their first clients in the mobility, insurance, healthcare and media industry. “We are excited to work with our new investors, their domain know-how and international experience will definitely help us expand internationally.”

About Sentiance

Sentiance unlocks contextual mobile experiences by mining sensor data on smartphones, wearables and connected devices. Sentiance enables companies worldwide to tap into a new level of mobile personalization and engagement. From mobile data to smart life.

Qbic Arkiv Fund is an interuniversity risk capital fund investing in spin offs of the universities UGent, VUB, UAntwerpen, their associated Colleges and university hospitals, and VITO. Qbic has € 36,7 million under management. Qbic invests in starting companies and provides hands-on support in their journey toward commercial success. Qbic Arkiv Fund is a joint initiative with ARKimedes-Fund II (ARKimedes is an initiative of ParticipatieMaatschappij Vlaanderen NV and the Flemish Region).

Volta Ventures Arkiv invests in young and ambitious internet and software companies in the Benelux. The fund’s team, with active support from some 30 business angels, expects to make a substantial impact on every company it invests in by working with the founders and management to identify new markets and customers, hire senior talent, provide ongoing guidance and arrange further financing rounds. Volta Ventures Arkiv is supported by ARKimedes-Fund II (an initiative of ParticipatieMaatschappij Vlaanderen NV and the Flemish Region) and the European Investment Fund.

Argus Labs today announced that it has been selected as a candidate for Red Herring's 2014 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1,000 companies from more than 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy, and market share improvement.

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Red Herring chairman. “2014 has demonstrated the sector's vibrant activity and its contribution to the global economic recovery. An unprecedented number of entrepreneurs are jumping ahead of the competition and making a difference. Constant breakthroughs make recent developments obsolete faster than ever before. Argus Labs is performing exceptionally well in its field and strongly deserves to be singled out as one of the Red Herring Global finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2014 Top 100 Global Award."

The finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, Nov. 18 to 20. The Top 100 winners will be announced at a special awards ceremony on Nov. 20 at the event.

About Red Herring

Red Herring is a global media company that unites the world’s best high-technology innovators, venture investors and business decision-makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider’s access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype